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  • MTN Nigeria has dominated the country's telecommunications market over the years, accounting for the largest market share. All four operators, apart from 9mobile, recorded a significant increase in their subscriber base between May 2014 and March 2024.

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    The 2024 Global Peace Index reveals a decline in peacefulness in 97 countries, the highest since the index began.

    Nigeria is among the nations affected by regional conflicts and rising violence. With a peace index score of 2.91, Nigeria is facing increasing challenges.

    A deteriorating peace score impacts foreign investment and economic stability. Global economic losses due to violence reached $19.1 trillion in 2023.

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  • Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
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    A Trend of Adult literacy rates of African countries

    Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.

    These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.

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  • The FAAC's revenue distribution from 2017 to August 2023 highlights the dominance of Delta, Akwa Ibom, Rivers, and Bayelsa states in allocations. Despite Lagos' economic prominence, it ranked fifth. Here is the distribution of revenue among states between 2017 and August 2023.

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    Countries by Global Innovation Index 2024

    The Global Innovation Index 2024 reveals a striking contrast in innovation performance between countries globally and across Africa. Switzerland leads the global rankings with an impressive score of 67.5, followed by Sweden (64.5) and the USA (62.4), highlighting their sustained investments in research, development, and technological advancement.

    In Africa, Mauritius takes the top spot with a score of 30.5, followed closely by Morocco (28.8) and South Africa (28.3). However, even Africa's most innovative nations achieve less than half the score of global leaders, indicating a significant innovation gap.

    Nigeria ranks 15th in the African ranking and 113th globally, out of 133 countries, with a score of 17.1.

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  • MTN Nigeria has dominated the country's telecommunications market over the years, accounting for the largest market share. All four operators, apart from 9mobile, recorded a significant increase in their subscriber base between May 2014 and March 2024.

    See more

  • The 2024 Global Peace Index reveals a decline in peacefulness in 97 countries, the highest since the index began.

    Nigeria is among the nations affected by regional conflicts and rising violence. With a peace index score of 2.91, Nigeria is facing increasing challenges.

    A deteriorating peace score impacts foreign investment and economic stability. Global economic losses due to violence reached $19.1 trillion in 2023.

    See more
  • Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
    See more
Other Insights
     
  • In 2025, non-oil export growth (36%) was 6x higher than oil (6%).
  • In 2024, non-oil exports grew by 189% vs oil’s 108%.
  • Total exports still heavily depend on oil.
  • Export value rose from ₦36 trillion in 2023 to ₦85.1 trillion in 2025.
See more
 
  • Global terrorism deaths declined significantly by about 27.6%, from 7,714 in 2024 to 5,582 in 2025.
  • Nigeria recorded a sharp 46.2% increase in terrorism-related deaths, rising from 513 to 750.
  • Burkina Faso saw a major decline of 44.8%, dropping from 1,532 to 846 deaths.
  • Niger also improved, with deaths falling by 25.5% to 703.
  • Democratic Republic of the Congo recorded an increase of 27.9%, showing mixed trends within Africa.
  • Pakistan saw a slight increase of 5.7%, indicating relatively stable but still elevated risk.
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  • Sudan has the highest displacement burden in Africa, with 10.1 million IDPs and 20% of its population affected.
  • Somalia follows with 18.4% of its population displaced.
  • High-intensity displacement is concentrated in conflict-prone regions like the Sahel and the Horn of Africa.
  • Burkina Faso (8.8%) and the Central African Republic (8.4%) show how smaller countries can face severe proportional impact.
  • Nigeria’s 3.6 million IDPs are one of the largest in absolute terms, but at 1.5%, the relative impact is lower than many peers.
See more
 
  • Agriculture’s share of Nigeria’s capital imports peaked at 5.46% in 2021
  • After 2025, agriculture's share started falling sharply, reaching 0.72% in 2025.
  • Between 2017 and 2021, the sector experienced consistent growth in both value and share.
  • Capital import value peaked at at $489.9 million in 2019.
See more
 
  • Africa ranks last globally in governance quality with a score of 0.4.
  • Europe and North America (0.668) outperform Africa by a significant margin.
  • Nigeria ranks 116th out of 120 countries.
  • Governance directly affects economic outcomes such as investment, business growth, and living standards.
See more
 
  • Israel Adesanya has not won a bout since regaining middleweight gold at UFC 287 in April 2023, marking a nearly three-year drought from the winner's circle.
  • Adesanya has lost his past four consecutive appearances, a sharp contrast to his earlier career, where his elite striking defence made stoppage losses rare.
  • Adesanya has been tested at the highest level and has come up short each time, with all four defeats arriving between 2023 and 2026.
  • Six of his losses have come in the past five years of his career.
See more
 
  • Asia is Nigeria’s top import source in 2025.
  • The highest import value from Asia was recorded in Q1 at ₦8.7 trillion.
  • Imports from Europe surged to ₦8.6 trillion in Q2 but declined to ₦6.6 trillion by Q4.
  • Imports from America showed continuous growth, rising from ₦2.9 trillion in Q1 to ₦6.6 trillion in Q4.
  • Imports from Africa remained below ₦1 trillion across most quarters.
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  • China’s exports to Nigeria increased by 40.4%,
  • China's exports moved from ₦ 14.1 trillion in 2024 to ₦ 19.8 trillion in 2025.
  • Growth was consistent across all four quarters.
  • Quarter 2 saw the highest growth at 80%, jumping from ₦3.0tn to ₦5.4tn.
  • Quarter 4 recorded a modest 4.3% rise.
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  • Crude oil dominated Nigeria’s exports in all quarters of 2025
  • Q1 recorded the highest oil dependency at 81.5%.
  • Non-oil exports peaked in Q2 at 24.2%, representing the strongest diversification point in 2025.
  • The oil share dropped to its lowest in Q2 (75.8%), but still remained dominant.
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  • Nigeria's total capital imports surged to $23.2bn in 2025, the highest level recorded in the entire 2014 to 2025 period.
  • Foreign Portfolio Investment dominated in 2025, claiming 85 cents of every dollar imported, up sharply from 68% in 2024.
  • Foreign Direct Investment has remained consistently weak, never exceeding 20% across all eleven years, and falling to just 4% in 2025.
  • The "Others" category, which peaked at 61% in 2023, has collapsed to just 11% in 2025, reflecting a dramatic shift toward portfolio-driven capital flows
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  • Inflows surged from $3.9B in 2023 to $23.2B in 2025, near the all-time record.
  • Banking and financing captured 87% of all inflows.
  • Agriculture got $167M, oil and gas $18M, and construction $6M, .
  • The recovery is real, but it is not yet reaching ordinary Nigerians.
See more
 
  • North America leads globally with 60.2% iPhone usage, making it the largest iPhone market.
  • Oceania follows at 58.9%, showing similar consumer preferences to North America.
  • Africa has the lowest iPhone share (14.7%), highlighting a significant adoption gap.
  • Nigeria aligns with the continental trend at 14.1%, reinforcing that the gap is structural, not country-specific.
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1 2 3 … 124
 
  • In 2025, non-oil export growth (36%) was 6x higher than oil (6%).
  • In 2024, non-oil exports grew by 189% vs oil’s 108%.
  • Total exports still heavily depend on oil.
  • Export value rose from ₦36 trillion in 2023 to ₦85.1 trillion in 2025.
Read more
  • Global terrorism deaths declined significantly by about 27.6%, from 7,714 in 2024 to 5,582 in 2025.
  • Nigeria recorded a sharp 46.2% increase in terrorism-related deaths, rising from 513 to 750.
  • Burkina Faso saw a major decline of 44.8%, dropping from 1,532 to 846 deaths.
  • Niger also improved, with deaths falling by 25.5% to 703.
  • Democratic Republic of the Congo recorded an increase of 27.9%, showing mixed trends within Africa.
  • Pakistan saw a slight increase of 5.7%, indicating relatively stable but still elevated risk.
Read more
  • Sudan has the highest displacement burden in Africa, with 10.1 million IDPs and 20% of its population affected.
  • Somalia follows with 18.4% of its population displaced.
  • High-intensity displacement is concentrated in conflict-prone regions like the Sahel and the Horn of Africa.
  • Burkina Faso (8.8%) and the Central African Republic (8.4%) show how smaller countries can face severe proportional impact.
  • Nigeria’s 3.6 million IDPs are one of the largest in absolute terms, but at 1.5%, the relative impact is lower than many peers.
Read more
  • Agriculture’s share of Nigeria’s capital imports peaked at 5.46% in 2021
  • After 2025, agriculture's share started falling sharply, reaching 0.72% in 2025.
  • Between 2017 and 2021, the sector experienced consistent growth in both value and share.
  • Capital import value peaked at at $489.9 million in 2019.
Read more
  • Africa ranks last globally in governance quality with a score of 0.4.
  • Europe and North America (0.668) outperform Africa by a significant margin.
  • Nigeria ranks 116th out of 120 countries.
  • Governance directly affects economic outcomes such as investment, business growth, and living standards.
Read more
  • Israel Adesanya has not won a bout since regaining middleweight gold at UFC 287 in April 2023, marking a nearly three-year drought from the winner's circle.
  • Adesanya has lost his past four consecutive appearances, a sharp contrast to his earlier career, where his elite striking defence made stoppage losses rare.
  • Adesanya has been tested at the highest level and has come up short each time, with all four defeats arriving between 2023 and 2026.
  • Six of his losses have come in the past five years of his career.
Read more
1 2 3 … 248
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